Olin Corporation Veba

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431201633 ✦ Clayton, MO ✦ Designated as a 501(c)(9)

Overview

What is Olin Corporation Veba?

Olin Corporation's Voluntary Employee Benefits Association (VEBA) is a nonprofit organization located at 190 Carondelet Plaza, Clayton, Missouri, 63105. Their primary mission is to offer life insurance, medical and dental benefits, and long-term disability benefits to eligible participants of Olin Corporation. Through this association, the VEBA aims to ensure the well-being of its members by providing essential health and welfare benefits. The organization's activities primarily revolve around the administration and distribution of these benefits to eligible individuals within the Olin Corporation.


Is Olin Corporation Veba legitimate?

Olin Corporation Veba C/O Olin Corporation is a legitimate nonprofit organization registered as a 501(c)(9) entity. Olin Corporation Veba C/O Olin Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $7,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Olin Corporation Veba?
Who is the CEO of Olin Corporation Veba?
What is the revenue of Olin Corporation Veba?
Who are the executives of Olin Corporation Veba and what are their salaries?
Where can I find the form 990 for Olin Corporation Veba?

Mission Statement of Olin Corporation Veba

Olin Corporation Veba CO, also known as Olin Corporation, is a Voluntary Employee Benefit Association dedicated to fulfilling a mission of providing health and welfare benefits to eligible participants of the Olin Corporation. This mission is not just confined to medical and dental coverage, but also extends to the provision of life insurance and long-term disability benefits. The primary goal of this organization is to enhance the well-being of its members by offering essential benefits that contribute significantly to their overall quality of life. Through its services, Olin Corporation Veba CO aims to bring peace of mind to the eligible employees of Olin Corporation, allowing them to focus on their personal and professional growth. By catering to the health and welfare needs of its members, the organization plays a vital role in fostering a healthy and productive workforce. In essence, Olin Corporation Veba CO acts as a safety net, safeguarding the health and well-being of its members, ensuring they have access to necessary benefits during times of need.

Impact

This information is meant to be a general summary of Olin Corporation Veba. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Olin Corporation Veba's impact lies in its mission to provide health and welfare benefits to eligible plan participants of the Olin Corporation. By offering life insurance, medical and dental benefits, as well as long-term disability benefits, the association plays a vital role in supporting the well-being and security of Olin Corporation employees. This helps to ensure that workers have access to necessary healthcare services and financial protection, enhancing their overall quality of life and providing a sense of security for themselves and their families.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $144,806
  • Program Service Revenue: $111,149,493
  • Gross Receipts: $111,294,299

    • Assets and Liabilities:
  • Total Assets: $9,436,923
  • Total Liabilities: $0
  • Net Assets: $9,436,923
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER CONTRIBUTIONS

    Revenue

    $76,538,622

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $34,610,871

    Organization Details

    Founding Year

    1980

    Principal Officer

    Darlene Frye

    Main Address

    190 CARONDELET PLAZA, CLAYTON, MO, 63105

    NTEE Category

    Code: Y20 - Mutual benefit

    If you are a representative of Olin Corporation Veba and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.